Global Resorcinol Market Size Study, By Product , By Application and Regional Forecasts 2025
Global resorcinol market is projected to witness a steady CAGR in the coming years and cross USD 1 billion by 2025. The increase in product demand is due to growth of various end-user industries such as rubber & tire industry, pharmaceutical industry, among others. Additionally, rising usage in applications like UV stabilizers, etc., coupled with inherent advantages offered by the chemical is anticipated to add to the growth of resorcinol market across the globe over the coming years. Moreover, resorcinol is also used to manufacture flame retardants to prevent fires, fungicidal creams & lotions, etc., thereby bolstering the market growth until 2025.The global resorcinol market is segmented based on end-user industry, manufacturing process, application, region and company. Based on application, the market can be segmented into rubber products, wood adhesives, UV stabilizers, flame retardants, antioxidants, fungicidal creams and others. Out of which, the rubber products dominated the market in terms of largest market share until 2019 and is anticipated to maintain its dominance during the forecast period as well which can be accredited to the utility of resorcinol to improve the adhesion of rubber and other materials falling under rubber products category. Also, the wood adhesives application segment is projected to register high growth in the years to come owing to the use of resorcinol in wood adhesive applications due to its high chemical stability. Moreover, its properties such as being resistant to solvents, acids, saltwater and oil, strong adhesive, ability to withstand wide range of temperatures after curing is boosting the growth of the segment across the globe.
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Major players operating in the global resorcinol market include Sumitomo Chemicals, Aldon Corporation, Napp Technologies, Zhejiang Hongsheng Chemical Co Ltd, Tokyo Chemical Industry Co. Ltd, Lanxess AG, Atul Ltd and others.
Years considered for this report:
Historical Years: 2015-2018Base Year: 2019Estimated Year: 2020Forecast Period: 2021–2025
Objective of the Study:
• To analyse and forecast the market size of global resorcinol market.• To classify and forecast global resorcinol market based on end-user industry, manufacturing process, application, company and regional distribution.• To identify drivers and challenges for global resorcinol market.• To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in global resorcinol market.• To conduct pricing analysis for global resorcinol market.• To identify and analyse the profile of leading players operating in global resorcinol market.
TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the manufacturers which could not be identified due to the limitations of secondary research. TechSci Research analyzed the new products, distribution channels and presence of all major players across the globe.
TechSci Research calculated the market size of global resorcinol market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.
Key Target Audience:
• Resorcinol manufacturers, suppliers, distributors and other stakeholders• Government bodies such as regulating authorities and policy makers• Organizations, forums and alliances related to resorcinol• Market research and consulting firms
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
In this report, global resorcinol market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
• Market, By End-User Industry:
Building & ConstructionHealthcareAutomotiveElectrical & ElectronicsDyesExplosivesOthers
• Market, By Manufacturing Process:Benzene SulfonationMeta-Diisopropylbenzene Peroxidation
• Market, By Application:Rubber ProductsWood AdhesivesUV StabilizersFlame RetardantsAntioxidantsFungicidal CreamsOthers
• Market, By Region:
North AmericaUnited StatesMexicoCanadaEuropeGermanyFranceUnited KingdomItalySpainAsia-PacificChinaIndiaJapanSouth KoreaAustraliaMiddle East & AfricaSouth AfricaUAESaudi ArabiaSouth AmericaBrazilArgentinaColombia
Company Profiles: Detailed analysis of the major companies present in global resorcinol market.
Available Customizations:With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:Company Information• Detailed analysis and profiling of additional market players (up to five).
Browse our full report with Table of Content : https://www.bharatbook.com/marketreports/global-resorcinol-market-by-end-user-industry-building-construction-healthcare-automotive-electrical-electronic/2088811About Bharat Book Bureau:Bharat Book is Your One-Stop-Shop with an exhaustive coverage of 4,80,000 reports and insights that includes latest Market Study, Market Trends & Analysis, Forecasts Customized Intelligence, Newsletters and Online Databases. Overall a comprehensive coverage of major industries with a further segmentation of 100+ subsectors.Contact us at:Bharat Book BureauTel: +91 22 27810772 / 27810773Email: firstname.lastname@example.orgWebsite: www.bharatbook.com
Global POS Printer Market Outlook 2030: Industry Insights & Opportunity Evaluation, 2019-2030
Bharat Book Bureau Provides the Trending Market Research Report on “Global POS Printer Market Outlook 2030: Industry Insights & Opportunity Evaluation, 2019-2030”under Electronics Category. The report offers a collection of superior market research, market analysis, competitive intelligence and Market reports.
Global POS Printer Market: Market Segments: By Product Type (Thermal Printer, Impact/Dot Matrix and Inkjet); By Application (Hospitality, Retail and Other); and Region – Analysis of Market Size, Share & Trends for 2014 – 2019 and Forecasts to 2030
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Global POS Printer Market is expected to project a notable CAGR of 5.41% in 2030.
Global POS Printer Market to surpass USD 4,875.0 Mn by 2030 from USD 2,536.0 Mn in 2018 at a CAGR of 5.41% throughout the forecast period, i.e., 2019-30. Increasing deployment of POS terminals, increasing demand for POS printers and increasing focus on optimizing product value offerings are driving the market. Furthermore, the growing deployment of POS terminals is expected to fuel market growth as well.
Global POS Printer Market: Segments
Thermal Printer Segment to grow with the highest CAGR of XX% during 2019-30
Global POS Printer Market is segmented by Product Type as dot-matrix printers, thermal printers, laser printers and ink-jet printers. In global (POS) printer market, the thermal, segment dominated the global market in 2019 accounting for 75.6% share in terms of value, followed by impact/dot matrix and inkjet respectively. Dot matrix printers have small pins with an ink ribbon fixed on their heads to create a sequence of dots on paper. Such printers are the least costly and require low running costs. In terms of print quality, speed and operation with respect to dot matrix printers, thermal printers are the most widely used and efficient printers.
Global POS Printer Market: Market Dynamics
Rising need for mobility in retail and hospitality applications
In order to enhance customer service and improve the performance of point of sale (POS) systems for billing and other related purposes, customers across the retail and hospitality sectors are rapidly embracing mobility technology. As traditional POS systems are more costly and do not allow mobility, the use of mobile receipt printers in both retail and restaurant applications will help to achieve substantial cost savings.
Health risk arising from bisphenol A (BPA) paper used in thermal POS printers
The direct thermal PoS printer layers contain a small amount of BPA, phenol-based reactants, or heat-responsive diphenyl sulfones that produce an image on paper. Bisphenol A (BPA) is a type of paper used in a thermal PoS printer that increases consumer-related health risks. U.S. according to The BPA used in thermal printers by the Food and Drug Administration (FDA) in January 2010 poses a risk of health hazards, especially for employees working as cashiers.
Global POS Printer Market: Regions
Global POS Printer Market is segmented based on regional analysis into five major regions. These include North America, Latin America, Europe, APAC and MENA.
Global POS Printer Market in Asia Pacific and Europe held the largest market share of XX.X% in the year 2018 and is expected to witness the fastest growth in the APAC region during the forecast period. The APAC region, followed by North America, Europe, South America, and MEA respectively, led the POS printer market share in 2019. During the forecast period, due to factors such as the rapid growth of the retail segment and the increasing number of SMBs in emerging economies moving from cash transactions to cashless transactions via POS terminals, the APAC area is expected to report the highest incremental growth. Although North America and Western Europe are expected to capture top market positions in terms of thermal printer sales, research shows that APAC, MEA and Latin America's emerging economies have substantial potential for growth to support the market in the near future.
Global POS Printer Market:
• BIXOLON Co. LtdCompany OverviewBusiness StrategyKey Product OfferingsFinancial PerformanceKey Performance IndicatorsRisk AnalysisRecent DevelopmentRegional PresenceSWOT Analysis• Citizen Watch Co. Ltd.• CognitiveTPG• Fujitsu Ltd.• HP Inc.• NCR Corp.• Posiflex Technology Inc.• Seiko Epson Corp.• STAR MICRONICS Co. Ltd.• Toshiba Corp.
Global POS Printer Market report also contains analysis on:
Global POS Printer Market Segments:
By Type:• Thermal Printer• Impact/Dot Matrix• Inkjet
By Application:• Hospitality• Retail• Others• Global POS Printer Market Dynamics• Global POS Printer Market Size• Supply & Demand• Current Trends/Issues/Challenges• Competition & Companies Involved in the Market• Value Chain of the Market• Market Drivers and Restraints